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Which forex robot is the best?

  • #1
  • First Post: Jun 18, 2012 11:56am Jun 18, 2012 11:56am
which forex robot is the best? is it okay to use robots?
  • #2
  • Jun 18, 2012 6:14pm Jun 18, 2012 6:14pm
Quoting reynuevo
which forex robot is the best? is it okay to use robots?

None! Learn to trade. I do not know anyone that has made a living off a robot except for the scum that was selling it.
Know when to hold em, Know when to fold em!
  • #3
  • Jun 18, 2012 10:56pm Jun 18, 2012 10:56pm
We have created about 5000 expert advisors for mt4. If your goal 100 -150% per year, you can find forex robot and you will be able to use it without manual intervention. My opinion: Do not buy EAs from 1 page websites via clickbank and etc.
  • #4
  • Jun 19, 2012 12:22am Jun 19, 2012 12:22am
Hi how i can get that ea,s if u have some statement can u show us thnq
  • #5
  • Jun 19, 2012 2:15am Jun 19, 2012 2:15am
Quoting goods
None! Learn to trade. I do not know anyone that has made a living off a robot except for the scum that was selling it.
this
Twitter: @forexpokerpro
  • #6
  • Jun 19, 2012 11:14am Jun 19, 2012 11:14am
Quoting goods
None! Learn to trade. I do not know anyone that has made a living off a robot except for the scum that was selling it.
Thanks, I think i will agree to you..
  • #7
  • Jun 21, 2012 12:32am Jun 21, 2012 12:32am
The one that you yourself writes once you've learned how to do it by hand?
  • #8
  • Jun 21, 2012 2:28am Jun 21, 2012 2:28am
Quoting goods
None! Learn to trade. I do not know anyone that has made a living off a robot except for the scum that was selling it.
holy words!
  • #9
  • Jun 21, 2012 5:42am Jun 21, 2012 5:42am
I'm all for mechanical systems that take the emotion out of trading, but robots – no! Any EA needs to be monitored, and people flogging robots that'll do it all for you should be given a wide berth.
  • #10
  • Jun 21, 2012 11:13am Jun 21, 2012 11:13am
Learn to trade and understand the indicators/techniques you use. Laziness will hurt you in the medium/long run!!!
  • #11
  • Jun 21, 2012 5:25pm Jun 21, 2012 5:25pm
And the answer is "none"..read the writing on the wall, EA's are designed to make money for only one person and that's the wiseass who came up with it in the first place.
  • #12
  • Jun 21, 2012 8:55pm Jun 21, 2012 8:55pm
You should learn to trade carefully, that is the way u can earn money. Forget robots, all of them are scammers.
  • #13
  • Jun 22, 2012 12:30am Jun 22, 2012 12:30am
manual trading is the best. i dont think there is a successful trader who use robot. so learn to trade and work hard, its the only way.
  • #14
  • Jun 22, 2012 2:39am Jun 22, 2012 2:39am
Quoting reynuevo
which forex robot is the best? is it okay to use robots?
Speaking from my experience, the sales pitch for the latest snake oil remedy is always great and promise a effortless vehicle to unimaginable success in the Forex Market. I, however found the following to be some of the constraints to making robots successful:

 

  1. The robot may or may not work initially
  2. The stop loss or timeframe does not suit you
  3. You cannot have your platform open 24 hours a day due to whatever your personal circumstances may be
  4. The robots I have wasted good money on, could not cater for all market conditions i.e. when the market changes from a trending to a ranging market
  5. You are not privy to how this robot work with (I always maintain that if I understand it, I will be comfortable to use it)

The long and short of it is that I finally decided not to waste time and money on robots anymore. Maybe there is some snake oil out there that does work for all kinds of illnesses, but due to my personal experience and the conscious decision I made, I do not know about them.

  • #15
  • Jun 25, 2012 11:13pm Jun 25, 2012 11:13pm
Yes, it is normal to be skeptical! and we should be careful with so many EA advertisement.

BTW, if you have your own profitable manual method and want to convert it to automate trading or want to test it reliable with previous market condition, why not coding it into robot and test it.
You may know under what market condition your method will fail.

If you guys have the idea or method and need an EA for that, I can do the coding.
  • #16
  • Jun 27, 2012 9:05am Jun 27, 2012 9:05am
TFOT works good for me. Version with Neural net filter works more stabel then without it. http://iticsoftware.com/mt4-robot-tfot
  • #17
  • Jun 27, 2012 11:12pm Jun 27, 2012 11:12pm
I bought Forex Fap Turbo and try it on my demo account.
  • #18
  • Oct 23, 2012 12:59am Oct 23, 2012 12:59am
Quoting reynuevo
which forex robot is the best? is it okay to use robots?
Whichever makes you lose less than others robots.
  • #19
  • Oct 25, 2012 7:00am Oct 25, 2012 7:00am
Quoting goods
None! Learn to trade. I do not know anyone that has made a living off a robot except for the scum that was selling it.
Your statement is bias, you know how i know? Cuz i have. Although i do trade manually as well, i make over 6 figures using an EA. with money management and keeping up with economic releases it is possible. Nothing is impossible
  • #20
  • Oct 26, 2012 7:54am Oct 26, 2012 7:54am
Brain is the best robot I have ever witness...
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